Plans for the property, which is owned by the Delijani family, call for creating a 7,429-square-foot bar/lounge in the basement, a nearly 6,000-square-foot restaurant on the ground floor, as well as an 827-square-foot outdoor patio.

The Tower is one of four Broadway theaters the Delijanis own. Reopening the family’s Los Angeles, Palace, State and Tower theaters is seen as a crucial step in 14th District Councilman’s José Huizar’s efforts to revitalize Broadway. None of the four are regularly open.